Emera (EMA) Gross Margin (2010 - 2025)
Emera (EMA) posted quarterly Gross Margin of 74.03% for Q3 2025, up 89.0% year-over-year from 39.17% in Q3 2024, and down 5.71% quarter-over-quarter from 78.51% in Q1 2025.
Emera (EMA) Gross Margin (2010 - 2025) Analysis & Trends
Emera (EMA) has reported Gross Margin for 14 consecutive years, with 74.03% the latest figure, recorded in Q3 2025.
- In Q3 2025, Gross Margin rose 89.0% year-over-year to 74.03%; the TTM figure through Sep 2025 stood at 74.43% (up 253.0% YoY), while the FY2025 annual figure was 75.38%, up 304.0% from the prior year.
- Gross Margin slipped to 74.03% in Q3 2025 per EMA's latest filing, from 78.51% in the prior quarter.
- Across five years, Gross Margin topped out at 80.48% in Q1 2023 and bottomed at 58.54% in Q3 2021.
- Historically, Gross Margin has averaged 71.24% across 5 years, with a median of 73.14% in 2024.
- Annual changes were most pronounced in 2021 — Gross Margin slumped 1403 bps — and 2023, when it surged 1128 bps.
- Emera's Gross Margin stood at 73.23% in 2021, then declined by 9 bps to 66.65% in 2022, then gained by 4 bps to 69.54% in 2023, then climbed by 5 bps to 73.14% in 2024, then increased by 1 bps to 74.03% in 2025.
- Business Quant data shows EMA's Gross Margin at 74.03% in Q3 2025, 78.51% in Q1 2025, and 73.14% in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 78.04% |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 99.94% |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 70.07% |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | - |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 75.42% |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 75.47% |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 68.33% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Emera | 15.51 Bn | 14.82 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 74.03% |
| Mar 31, 2025 | 78.51% |
| Sep 30, 2024 | 73.14% |
| Jun 30, 2024 | 69.64% |
| Mar 31, 2024 | 74.63% |
| Sep 30, 2023 | 69.54% |
| Jun 30, 2023 | 72.07% |
| Mar 31, 2023 | 80.48% |
| Sep 30, 2022 | 66.65% |
| Jun 30, 2022 | 60.80% |
| Mar 31, 2022 | 76.33% |
| Dec 31, 2021 | 73.23% |
| Sep 30, 2021 | 58.54% |
| Jun 30, 2021 | 65.52% |
| Mar 31, 2021 | 75.50% |
| Dec 31, 2020 | 75.34% |
| Sep 30, 2020 | 72.57% |
| Jun 30, 2020 | 73.31% |
| Mar 31, 2020 | 74.95% |
| Dec 31, 2019 | 75.12% |